Not the summer housing market that was hoped for

Mortgage rates for a 30-year fixed are up to 6.96%, inflation numbers have inched up, new listings are down 14% and home prices continue to rise – so how’s the home buying market you ask.

For those who can afford to buy and are still looking, there is one bit of good news – homes are sitting on the market longer which means negotiations remain a strong possibility.

Other than that, who knows?

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